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Business News

Location American Business News for 19 March 2025
Ukrainian sniper says it made a big difference trading his hunting rifle for the Barrett MRAD A Ukrainian Special Operations Forces sniper told BI that the US-made Barrett MRAD made a huge difference.
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Oracle's Role in TikTok's Future Gets Capitol Hill Scrutiny

The New York Times - 19 Mar 2025 02:47
Oracle's Role in TikTok's Future Gets Capitol Hill Scrutiny Top congressional staffers met with Oracle on Tuesday to talk about TikTok, which faces a ban in the United States unless it is sold to a non-Chinese owner by early April.
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We finally learned how many federal probationary workers the White House fired and where they worked Justice Department filings in a Maryland case provide previously unseen details of the Trump administration's mass firings.
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Trump's reciprocal tariffs could bring stagflation -- and deflate his support Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.
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Morgan Stanley is the latest bank to trim its workforce. Here's why. Morgan Stanley plans to cut between 2% and 3% of its 80,000 global employees late this month, a person familiar with the matter said on Tuesday.
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Morgan Stanley set to slash 2,000 jobs in move to improve efficiency The layoffs represent up to 3% of the company's workforce, excluding financial advisers.
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DOGE cuts haven't upended DC's rental market yet — but a more powerful catalyst could send rents soaring The Department of Government Efficiency's spending cuts don't seem to be shaking rents in Washington, DC — but there may be a catch.
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Food Safety Jeopardized by Onslaught of Funding and Staff Cuts The Trump administration halted some food testing and shut down a committee studying bacteria in infant formula. Earlier funding cutbacks under the Biden administration now threaten state labs and inspectors.
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Trump fires both Democratic FTC commissioners, setting stage for legal brawl President Trump has fired both of the Federal Trade Commission's Democratic commissioners, setting up a legal battle that will have major implications for a key bipartisan regulatory agency traditionally seen as independ...
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European defense stocks dip from peaks after traders 'buy the rumor, sell the fact' There's now looming uncertainty about how exactly new military spending will be allocated.
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General Mills sees slump in snack sales as customers focus on essentials The company said that organic net sales "finished below our expectations."
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Purdue Pharma files a new $7 billion bankruptcy plan to settle opioid lawsuits The filing is a milestone in the saga over Oxycontin lawsuits. Purdue Pharma asked a bankruptcy judge late Tuesday to consider the latest version of its plan to settle thousands of lawsuits over the toll of the powerful ...
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Strategy's New Stock Offering Poised to Supercharge Bitcoin Accumulation Strategy is unleashing a 5 million-share stock offering, strengthening its bitcoin war chest and pushing its aggressive expansion in the world's largest cryptocurrency treasury. Strategy's Stock Offering Unlocks More Fir...
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In Philippe Lesage's film, several strains of wounded masculinity derail an idyllic retreat in the mountains of Quebec.
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Fed Holds Interest Rates Steady, but Trump's Tariffs Could Slow Inflation Progress Tariffs took center stage during the news conference with Jerome H. Powell, the Fed chair, on Wednesday.
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Netflix chief Ted Sarandos says 'Max' should have just been called 'HBO' Ted Sarandos disagrees with Max's rebranding, doesn't see Amazon Prime competing with Netflix, and doesn't get Apple TV.
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To innovate, immerse yourself in the industry

Fast Company - 19 Mar 2025 23:35
To innovate, immerse yourself in the industry You can't spot a breakthrough from behind the desk. For decades, human organs, some of the most fragile cargo imaginable, have been transported on ice. Not because it was the best method, but because that's how it had al...
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Crypto regulation must go through Congress for lasting change -- Wiley Nickel Crypto regulations must be enacted through an act of Congress to become permanent and meaningful pieces of legislation, according to former Congressman Wiley Nickel. In an exclusive video interview with Cointelegraph's T...
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Crypto regulation must go through Congress for lasting change -- Wiley Nickel Crypto regulations must be enacted through an act of Congress to become permanent and meaningful pieces of legislation, according to former Congressman Wiley Nickel. In an exclusive video interview with Cointelegraph's T...
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Premium on Naira Banknotes: Central Bank Condemns, Urges Action Against Illegal Currency Dealers The Central Bank of Nigeria has raised concerns over illegal currency dealers charging premiums of 20-40% on naira banknotes. Threat to Naira Credibility The Nigerian central bank has raised alarms over the growing pract...
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Solana rallies 8% as crypto markets recover -- Is there room for more SOL upside? Solana's native token, SOL (SOL), rose 8% on March 19 as investors turned to riskier assets ahead of US Federal Reserve Chair Jerome Powell's remarks. While interest rates are expected to stay unchanged, analysts anticip...
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In a new filing, Ben & Jerry's accused its parent company Unilever of ousting its chief executive and silencing its mission.
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